Evanston Illinois Car Insurance Quote
Reader’s Question:
Do homeowners typically get lower quoted rates than people who are renting when they are applying for car insurance Evanston Illinois?
Rita
Evanston, IL
This can vary from one car insurance company to another whether being a home owner can give you a lower rate quote or not.
Car Insurance companies rating systems and underwriting rules differ so some may factor in if you are a homeowner while others may not.
In Evanston Illinois, there are many car insurance companies that will give you a discount if you have both your car insurance and homeowners policies both through them. Typically this is referred to as a multi-line discount.
So while it varies by car insurance company and their filed rates, in general those owning a home do receive lower rate quotes. Some car insurance companies that offer homeowners or renters coverage may ask this question just to see if they can qualify you for a multi-policy discount.
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